Forum Replies Created
-
AuthorPosts
-
an
Participant[quote=flu]If $400/year for $1million and it’s like $300/year for $500k, what difference does it really make. That’s like two tanks of gas. Or 3 times eating out for 2 at an average restaurant… Don’t see what the big issue is for someone healthy.[/quote]
Where can you get $1M policy for $400/year? I’m quite a bit younger than most on here and for my age, a $1M policy is around $800-$1k, a $2M policy is around $1600-1900. I didn’t check for the $500k policy, but I assume it’s close to 1/2 of the $1M policy, since the $2M policy is about 2x. For the $300 vs $400, I totally agree, but if it’s $400 vs $800, it might stretch some people.Participant[quote=Diego Mamani]I got out of CEL yesterday. Net profit of $315 before taxes, on a ~$9.8K investment in 6 weeks time. OK ROI, but it was a kind of risky move…[/quote]
Interesting, that’s only 3%. Today’s swing alone is over 4% from low to high. Today’s close is 1% higher than yesterday’s close.ParticipantAGNC is up another 4% so far today.
November 15, 2012 at 5:38 PM in reply to: Post Election Blues: Dow -176pts, Nasdaq -39, S&P500 -21 #754768ParticipantHopefully tomorrow will be -200 again.
Participant[quote=NicMM]Folks, I can share what is happening in bay area. Housing market is hot here! Houses in decent areas got multiple offers and often sold at a price 50k ~ 100k over asking price. Some of the houses ended up to or over their 2006’s price. It feels crazy to see this.
-NicMM[/quote]
But but, bay area’s house are only 0-25% more than SD’s house 🙂 j/k.Participant[quote=livinincali]I’d certainly expect a bounce at some point, but it tends to be easier to play the trend rather than the counter trend rallies. Counter trend rallies can be quite explosive but they are so incredibly difficult to time so I usually end up breaking even at best on a counter trend rally. By the time I realize the bounce started and the bounce is over I’m net nothing.[/quote]
I totally agree. I’m actually doing both. I’m playing the trend with SOXS, SPXS, puts, etc. But I plan on keeping AGNC for a long time, so, I’m buying at every dip, especially ones that put the price below the bollinger band. I see the longer trend for AGNC as up (it’s after all a REIT, so if RE recover, it’ll go up), mid term, it might be bearish tue to tax unknown, and short term, it seems bullish for me due to technical. I could be completely wrong on this, but that’s my personal analysis. Even if I’m wrong and they stay flat, the dividend will still help. The only way I could lose is if they either cut dividend or their stock price goes down faster than their dividend rate.November 15, 2012 at 3:07 PM in reply to: Post Election Blues: Dow -176pts, Nasdaq -39, S&P500 -21 #754748Participant[quote=flu][quote=AN]Only down -28 today. The crash is over… time to buy.[/quote]
Dead cat bounce imho…That said, I picked up NXPI/LLY/AXP in my 401k 🙂
I don’t typically hold longer than a week or two…[/quote]
Sorry, should end my post with /sarcasm.November 15, 2012 at 1:43 PM in reply to: Post Election Blues: Dow -176pts, Nasdaq -39, S&P500 -21 #754744ParticipantOnly down -28 today. The crash is over… time to buy.
Participant[quote=livinincali][quote=AN]AGNC is up 4.43% so far today.[/quote]
LOL, Right after it was down 20% in the past month and a half. It’s actually a pretty scary chart from a bullish perspective. Looks like a parabolic chart that has met it’s end but you never know. I would never buy that chart no matter what the fundamentals are, but you can always beat the odds from time to time.[/quote]
I’m that worried. It’s still higher than where it was at the beginning of the year before dividend. Talking technical, it’s well below the bottom of the bollinger band. Every time I see stocks fall below that, they always at least bounce back into the band before falling again (if it continues to fall). I just think it’s over sold ATM. We’ll see if I’m right or not, but I just bought some this morning.ParticipantAGNC is up 4.43% so far today.
November 15, 2012 at 10:46 AM in reply to: What are you folks seeing in terms of 30 year conforming rates? #754737ParticipantMichael Chen
TFM Financial Services, Inc
Cell: (619) 630-8099
Fax: (858) 437-9889
[email protected]
8799 Balboa Ave, Suite 155
San Diego, CA 92123Michael’s price is actually better than absolute’s, so I didn’t need to price match this time.
Sheldon in the past was able to price match absolute.
November 15, 2012 at 9:53 AM in reply to: What are you folks seeing in terms of 30 year conforming rates? #754733ParticipantI use them to price match.
ParticipantYay, thank you fed. No property tax and insurance for four more years.
ParticipantFrom that same article:
“Steve Massocca, managing director at Wedbush Securities, is portfolio manager of the Wedbush Hedged Dividend Fund, which he says was up 16.8 percent year to date through Oct. 31. He said as investors head for the exits, they are unfairly treating REITs and MLPs just as they are corporate dividend payers. The dividend income from REITs and MLPs is nonqualified and taxed at the individual tax rate.” -
AuthorPosts
